During the recent session, Joby Aviation Inc (NYSE:JOBY)’s traded shares were 4.2 million, with the beta value of the company hitting 2.34. At the last check today, the stock’s price was $7.84, reflecting an intraday gain of 2.69% or $0.21. The 52-week high for the JOBY share is $9.33, that puts it down -19.01 from that peak though still a striking 42.6% gain since the share price plummeted to a 52-week low of $4.50. The company’s market capitalization is $5.99B, and the average intraday trading volume over the past 10 days was 20.15 million shares, and the average trade volume was 16.64 million shares over the past three months.

Joby Aviation Inc (JOBY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.11. JOBY has a Sell rating from 1 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.19.

Joby Aviation Inc (NYSE:JOBY) trade information

Joby Aviation Inc (JOBY) registered a 2.69% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.69% in intraday trading to $7.84, hitting a weekly high. The stock’s 5-day price performance is -11.37%, and it has moved by 32.80% in 30 days. Based on these gigs, the overall price performance for the year is 16.07%. The short interest in Joby Aviation Inc (NYSE:JOBY) is 75.9 million shares and it means that shorts have 3.78 day(s) to cover.

The consensus price target of analysts on Wall Street is $9.88, which implies an increase of 20.65% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.75 and $10 respectively. As a result, JOBY is trading at a discount of -27.55% off the target high and -24.36% off the low.

Joby Aviation Inc (JOBY) estimates and forecasts

Statistics show that Joby Aviation Inc has outperformed its competitors in share price, compared to the industry in which it operates. Joby Aviation Inc (JOBY) shares have gone up 60.55% during the last six months, with a year-to-date growth rate more than the industry average at 12.66% against -14.50. In the rating firms’ projections, revenue will decrease -87.33% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 35.8k as predicted by 5 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.5M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 1.03M and 25k respectively. In this case, analysts expect current quarter sales to shrink by -96.53% and then jump by 5,900.00% in the coming quarter.

While earnings are projected to return 9.12% in 2024, the next five years will return -11.81% per annum.

JOBY Dividends

Joby Aviation Inc is due to release its next quarterly earnings in January. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Joby Aviation Inc (NYSE:JOBY)’s Major holders

Joby Aviation Inc insiders own 34.02% of total outstanding shares while institutional holders control 39.94%, with the float percentage being 60.54%. BAILLIE GIFFORD & CO is the largest shareholder of the company, while 337.0 institutions own stock in it. As of 2024-06-30, the company held over 52.87 million shares (or 7.755% of all shares), a total value of $269.63 million in shares.

The next largest institutional holding, with 40.36 million shares, is of CAPRICORN INVESTMENT GROUP LLC’s that is approximately 5.9202% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $184.07 million.